$ADA Cardano is a third-generation Proof-of-Stake smart contract platform and the first blockchain whose development has been reviewed and studied by a group of engineers and cryptography experts.

This network claims to be third-generation blockchain technology because it is built on academic research and is an evolution of first-generation blockchain, namely Bitcoin, and second-generation blockchain, such as Ethereum.

Interestingly, the name Cardano is inspired by the Renaissance mathematician Gerolamo Cardano. Meanwhile, the name of the native token of the Cardano network, ADA, is derived from the name of the 19th-century mathematician who is also known as the first computer programmer, Ada Lovelace.